
Financial Conduct Authority
Bybit to suspend services in the UK after FCA drops new rules
As the Financial Conduct Authority mandates new stricter rules, Bybit decided to pause their operations in the U.K. to focus...
UK FCA warns digital asset firms over poor engagement with new rules
The Financial Conduct Authority has issued final warning to unregistered digital asset firms for their low engagement to financial promotions...
Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’
A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but...
Luno ceases service for some UK customers amid tough new rules: report
Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review...
UK’s Travel Rule comes into effect, requiring digital asset firms to seize funds from suspicious sources
The U.K. Travel Rule came into force on September 1, requiring digital asset businesses operating in the country to collect,...
291 applied, 38 approved: UK FCA reveals low digital asset firm registration numbers
The U.K.’s FCA revealed that since January 10, 2020, 291 digital asset firms have applied for registration under the 5th...